Find the monopolists profit-maximizing quantity and price

Assignment Help Business Economics
Reference no: EM13214943

A monopolist has demand and cost curves given by:
Q=10,000-20P
TC=1,00+10Q+.05Q^2

a. Find the monopolist's profit-maximizing quantity and price

b. Find the monopolist's profit

 

Reference no: EM13214943

Questions Cloud

Evaluate the importance of gold as an international asset : Evaluate the importance of gold as an international asset. Discuss the historical importance of gold as an international reserve asset, including the functions it fulfilled. Finally, discuss whether the United States should return to the gold stan..
Trace the development of measures to promote racial equality : Trace the development of measures to promote racial equality in America, concentrating on the most significant milestones and analyzing the actions which proved necessary in order to achieve them.
Explain why are sunk costs irrelevant in deciding : Gilberto Company currently manufactures one of its crucial pars at a cost of $4.45 per unit. This cost is based on a normal production rate of 65,000 units per year. Variable costs are $1.95 per unit, fixed costs related to making the part are $65..
Corporate director of risk management : You are the corporate director of risk management. You receive a call from the practice manager at a physician's office. The physician's office is part of your organization's corporation.
Find the monopolists profit-maximizing quantity and price : Find the monopolist's profit-maximizing quantity and price
Explain a reasonable strategy for bond investors : Suppose interest rates have been at historically high levels the past two years and you therefore expect they will soon go down. A reasonable strategy for bond investors during this time period would be to
Compute the companys manufacturing cycle time : Oakwood company produces maple bookcases to customer order. It received an order from a customer to produce 5,000 bookcases. The follwoin ginformation is available tfor the production of the bookcases. Process time  6.0 days
Define what is the current price of the bond : When it matures at the end of 7.5 years it pays out $1,000. If investors wish to earn 2.35% per year on this bond investment, what is the current price of the bond
Punishment is most effective in socializing a child : Punishment is most effective in socializing a child when the child:

Reviews

Write a Review

Business Economics Questions & Answers

  What the current market indicates

Use the principles of supply and demand to address a predetermined goal (set by the student) in the gasoline market. Be clear on what the current market indicates and why and what your future goal is.

  Elucidate the influences affecting foreign exchange rates

Explain your reasoning and use Lisa Blake and Walter Barnes as your point of reference. Also elucidate the influences affecting foreign exchange rates.

  Explain why the industry short run production has only one

Utilize the information from the completed table also the graphs to identify the three stages of production also explain why the industry's short run production has only one ‘rational' stage of production.

  Elucidate why a firm might want to produce its good

Elucidate why a firm might want to produce its good even after diminishing marginal returns have set in and marginal cost is rising.

  Winemakers in the state of indiana petitioned

Assume which winemakers in the state of Indiana petitioned the state government to tax wines imported from other states.

  Then click on reports and then beige

Then click on Reports and then Beige Book to retrieve the summary report for current economic conditions by Federal Reserve District. Select the most current report.

  Explain how do you expect the supply and demand

Explain how do you expect the supply and demand of your selected good to change in the next year. Relate you expectations to the price and quantity of the good in the marketplace.

  Gross receipts of strawberry growers

Illustrate would the gross receipts of strawberry growers be if the crop turned out to be 30,000 cases.

  Pool of utilized textbooks grows further during second yr

Assume that the pool of utilized textbooks grows further during the second year of the latest edition

  Elucidate the effects on each individual component

In light of the externalities involved in the market for gasoline, how do the tax changes affect society's total welfare. Elucidate the effects on each individual component of total welfare.

  What is the expected annual real depreciation consistent

what is the expected annual real depreciation consistent with interest rate parity?

  Illustrate what is maximum amount would be willing to pay

Illustrate what is maximum amount you would pay for offer of $2,000. Suppose offer was $2,000, but delivery was to be in 2 years instead of 1 year. Illustrate what is maximum amount you would be willing to pay.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd